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Fred

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    Questions - Buying & Living on Property in France

    in Finding/Owning French Property

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    Hey,

    Thought i would give my current situation and then the questions:

    I am currently at uni, i am planning on buying land in france along with my parents although the house will go in my name so there are no tax implications of owning a second property for my parents and i would pay them back. Eventually there will be a house built on the land, and i hope to be able to move into it after university, however i will be renting it out while also staying in the property on either a seperate part of the house or a mobile home. This is so i can be there to clean up after guests etc drive them around also.

    My Questions:

    Are there any tax implications of me as a student owning a piece of land or house in france?

    What are the costs of owning land in france that isnt lived on?

    What are the costs of owning a house in france that isnt lived in?

    What are the costs of owning a house in france that is lived in/rented out?

    What are the general living costs for living in france?

    How would income tax on rental profits be paid if i am living in france and the profits are going to me, im assuming since i would own the house and live in a part of it or near it that it would just go through french income tax and not the french and UK?

    1 final thing, when people say notaires fees are 7% does this include the land tax paid to the french government, just i was asking about buying property and someone mentioned this.

    Really appreciate the help!!

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